Have you resisted or curtailed your investing because you aren’t confident about where or how to invest? Don’t let the five investing myths below hold you back. Investing in the stock market or choosing 401(k) funds doesn’t have to be complicated or even risky.
1. Men are better than women at managing money.
In previous generations, women had less access to money than they do now so it was common to hear “my husband takes care of that.” As our world has evolved, not only is this less common, but we’re also seeing that women are making better investment decisions than their male counterparts. These days, we’re seeing that female fund managers freak out less, manage their risk well, and outperform male fund managers.